by AJN Accountants | Dec 26, 2025 | Property
From April 2028 residential properties valued at £2m or more will attract a new high value council tax surcharge. Announced in the Autumn Budget, eligible owners (rather than occupiers) of properties identified as being valued £2m or more by the Valuation Office will...
by AJN Accountants | Nov 3, 2025 | Property
Draft legislation has been published giving more insight into how and when proposed restrictions to two major inheritance tax (IHT) reliefs will be implemented. At Autumn Budget 2024 the Chancellor announced plans to reform business property relief (BPR) and...
by AJN Accountants | Dec 9, 2024 | Property
The stamp duty land tax (SDLT) surcharge levied on purchases of second and subsequent homes has been increased from 3% to 5% with immediate effect. The higher rate applies to purchases of second homes and buy-to-let residential properties. The change applies to...
by AJN Accountants | Oct 10, 2024 | Property
The Annual Tax on Enveloped Dwellings (ATED) is a tax that applies to companies and other entities that own UK residential properties valued above a certain threshold. Introduced by the UK government to address the issue of property ownership through companies and...
by AJN Accountants | Sep 25, 2024 | Property
HMRC has published draft legislation explaining how the abolition of the special tax rules for furnished holiday lettings (FHLs) will work. From 6 April 2025 for sole traders and partnerships, or 1 April 2025 for companies, properties currently classed as FHLs will no...
by AJN Accountants | Jul 25, 2023 | Accounting, Advice, FAQs, Financial Planning, Pensions, Property, Tax Planning
Student loan repayments (SLR) are normally deducted under PAYE from employment income so many people incorrectly assume that SLR are not due on other ‘unearned income’ such as rent or pensions. SLR will in fact be payable where the unearned...
